This substantial mid terrace property is currently divided into two, four bedroom apartments. Each apartment is fully HMO compliant with licence and planning permission for use.
Well located to the Malone Road end of Malone Avenue, the property is ideally positioned for Queens University Belfast, City and Royal Victoria Hospitals.
Currently the properties are leased as follows:
Apt 1 £16,800 p.a to 31/8/25
Apt 2 £19,200 p.a to 31/8/25
There is scope to improve the rental return with internal upgrades and the addition of a 5th bedroom to Apt 2 (subject to final approval from NIHMO).
This property represents an excellent investment opportunity and viewing is highly recommended.
Disclaimer: These calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.
